Regis Corp (NASDAQ: RGS) stock enjoyed a major increase of 10.6% on 9/12/24. The shares closed at $21.50. However, below average trading volume at 76% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, RGS is expected to be a major Value Eraser.
Regis has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Regis has a very high Power Rating of 99 and a very high Appreciation Score of 99, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment